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Layoffs

Biggest Job Cuts Announcements Of 2011

The Huffington Post | Harry Bradford | Posted 11.12.2011 | Business

As companies closing shop or cutting costs stoke recession fears, the return of mass layoffs may be the U.S. economy's greatest concern. On the sam...

Arthur Delaney

Laid Off Journalist Reports His Own Job Search

HuffingtonPost.com | Arthur Delaney | Posted 11.12.2011 | Business

In June, Robert Annis lost his long-time job as a reporter at the Indianapolis Star when media conglomerate and Star owner Gannett cut 700 employees t...

Obama's Speech to Congress: So Why Am I Skeptical?

Leonie Haimson | Posted 08.09.2012 | Education
Leonie Haimson

We've witnessed several years of this administration generally unconcerned about rising class sizes and teacher layoffs. The truth is that for the past two years, their priorities have pointed in an entirely different direction.

Quinn Announces Plans To Close Seven Facilities, Lay Off 1,900 Workers

Posted 11.08.2011 | Chicago

Gov. Pat Quinn announced plans Thursday to close seven state agencies, which, along with other cuts, will eliminate more than 1,900 jobs in an effort ...

Tyler Kingkade

State Revenue Slumps Worse Than The Great Depression

HuffingtonPost.com | Tyler Kingkade | Posted 12.21.2011 | Politics

WASHINGTON -- While the current economic downturn is often referred to as the worst since the Great Depression, today's conditions are by some measure...

Alexander Eichler

Junior Investment Bankers Unhappy With Paychecks, Direction Of Their Industry: Survey

HuffingtonPost.com | Alexander Eichler | Posted 10.25.2011 | Business

As their industry shifts focus and work becomes ever more demanding, junior investment bankers are saying they're less satisfied with their jobs, acco...

Circus Invites Laid-Off Police To Free Show

ABC | Posted 10.21.2011 | Impact

SAN JOSE, Caif. -- Ringling Brothers and Barnum & Bailey are inviting San Jose police officers who were laid off as a result of budget cuts to bring t...

MoneyWatch: How To Avoid Getting Laid Off

CBS MoneyWatch | Ron Brown | Posted 10.18.2011 | Business

The first thing you need to do is assess your vulnerability to these cuts on several levels. The first one would be based on your own personal perform...

Wall Street Bankers 'Answer Call' Of New Careers

Reuters | Lauren Tara LaCapra | Posted 10.17.2011 | Business

(Reuters) - In his 23 years as a banker, Adam Greene trotted the globe, closing billions of dollars' worth of deals for some of the world's biggest ba...

This Year's Kings Of Corporate Layoffs

24/7 Wall St. | JON C. OGG | Posted 10.10.2011 | Business

From 24/7 Wall St.: Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and cre...

CPD Faces Layoffs, Reassignments And Restructuring

Posted 10.08.2011 | Chicago

A combination of reassignments and the elimination of several command positions will “trim the fat on executive staff” at the Chicago Police Depar...

America's New Fear: Double-Dip Recession

Posted 10.03.2011 | Business

(Neil Fullick) - In a matter of days, investor relief that the United States avoided default has been replaced by fears Europe's debt crisis is deepen...

U.S. Private Employers Add More Jobs Than Expected In July: ADP

Posted 10.03.2011 | Business

NEW YORK (Reuters) - Private employers added 114,000 jobs in July, topping economists' expectations, a report by a payrolls processor showed on Wednes...

Lila Shapiro

Planned U.S. Layoffs Surge As Some Companies Unexpectedly Bleed Jobs

HuffingtonPost.com | Lila Shapiro | Posted 10.03.2011 | Business

The early days of the recession were characterized by massive layoffs across industries, and while economists caution that the labor market isn't ther...

City Lays Off Half Its Traffic Aide Force

Posted 10.02.2011 | Chicago

Pink slips were reportedly delivered Friday to 97 full-time city-employed traffic control aides who keep an eye on busy intersections in the Loop and ...

Another Big Bank Rolls Out Thousands Of Job Cuts

Posted 10.02.2011 | Business

(Steve Slater) - Barclays is set to cut about 3,000 jobs this year to reduce costs after a drop in bond trading and an insurance mis-selling charge cu...

Bank Announces Fresh Job Cuts After Disappointing Quarter

Posted 09.25.2011 | Business

GENEVA (AP) -- Swiss bank UBS AG lowered its annual earning forecasts and announced fresh job cuts Tuesday after posting sharply diminished second-qua...

Goldman Plans 1,000 Layoffs

Posted 09.18.2011 | Business

NEW YORK (Lauren Tara LaCapra and Knut Engelmann) - Goldman Sachs' anemic second-quarter results on Tuesday rattled investors and cast a pall on its r...

Chrysler Suspends Workers For Drinking, Smoking Marijuana Before Shift

Posted 09.18.2011 | Business

DETROIT (AP) — Chrysler Group LLC said Tuesday it has suspended nine workers without pay after a Detroit television station aired footage of them al...

Borders Bookstore Will Eliminate 11,000 Jobs, Close 400 Remaining Stores

Posted 09.17.2011 | Business

Bankrupt Borders Group Inc said it has canceled its auction and will sell itself to a group of liquidators. Borders announced the decision on Monda...

Cisco To Cut Workforce By 11,500 Employees

Posted 09.17.2011 | Business

Cisco Systems plans to cut its workforce by 11,500 employees as part of its plan to cut annual expenses by $1 billion and revive its business. Cisc...

Moving Beyond Job Loss

Estelle Cimino | Posted 09.17.2011 | San Francisco
Estelle Cimino

The bottom line emotional reaction to job loss in today's economy is fear. These ten steps may very well help you to heal and move beyond job loss.

Lila Shapiro

Layoffs Return, Along With Fears Of Deepening Economic Stagnation

HuffingtonPost.com | Lila Shapiro | Posted 09.13.2011 | Business

In recent months, as the unemployment rate has unexpectedly climbed, experts have put the blame on a lean job market, asserting that employers still s...

Morgan Stanley Denies Report It Could Lay Off 'Possibly Thousands Of Jobs'

Posted 09.13.2011 | Business

NEW YORK (Lauren Tara LaCapra) - Morgan Stanley (MS.N) might lay off more workers than the few hundred underperforming financial advisers it previousl...

Cisco May Cut Thousands Of Jobs

Posted 09.11.2011 | Technology

(Reuters) - Networking equipment company Cisco Systems Inc (CSCO.O) could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to r...